The Underwriter's Insider April 2020

Page 5

TECHNOLOGY

YOU’RE ABOUT TO GET PAID – FIND OUT HOW MUCH CORONAVIRUS STIMULUS MONEY YOU’RE ENTITLED TO

T

Really Cool Tech Info - From Kim Komando the hopes of keeping the economy from spiraling deeper into uncharted territory. Tap or click to see what it’s like for workers like Uber drivers during COVID-19.

he economic fallout of the coronavirus pandemic could be with us long after the spread of the virus wanes. In just a few short weeks, millions of workers filed for unemployment as vital industries came crashing to a halt.

Among the bill’s many provisions, the most notable to ordinary Americans will be the unemployment expansion and stimulus check sections, which pledge additional funds for unemployed workers and direct cash to taxpayers up to $1,200 for adults and $500 for children under 17.

Many of the businesses that endured the initial impact have taken drastic steps to survive, such as cutting hours and staff, or moving all employees to work remotely. Tap or click here to see 5 essential tips to master working from home. But in a show of bipartisanship, the United States government crafted a relief package to rescue businesses and workers. Central among its promises are stimulus check for millions of eligible taxpayers. Here’s how you can find out how much you qualify for.

The biggest rescue package in American history APRIL 2020

On March 27, President Donald Trump signed a historic $2 trillion dollar stimulus bill that would provide financial support to millions of businesses and individuals affected by the coronavirus pandemic. In addition to ordinary workers, some of the largest industries and employment sectors in the country will see bailouts in Table of Contents

The payments are based on tax returns filed for the 2019 and 2018 tax years, with payments being phased out for high income individuals making $99,000 or more per year. Married couples will receive checks up to $2,400, with payments being phased out for couples making over $150,000 per year.

See Kim Komando Pg 36 www/underwritersinsider.com

5


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.